Suburb Profile Report for Bowen QLD (4805)

House Investment Report

If you compare the increase in value of investment property in Bowen, 4805 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -2.10%.

When looking at the potential capital gains offered to property investors over the last 3 years, Bowen comes in at number 280th in QLD.

Property buyers and investors in Bowen 4805 should be seeing an average reduction in asking price of around -12.60% . This means that Bowen is holding prices well when compared to other suburbs in QLD.

Advertised rents are around the $350 mark per week – giving a return of 5.20% based on the median price in Suburb

Unit Investment Report

Property investors looking for a bargain in Bowen should be aiming for at least -14.23% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 20.78%, investors should hope to achieve an overall return of 4.80%